trustor


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trustor

n. the creator of a trust (who normally places the original assets into the trust), called a "settlor" or "donor" in many states. Trustor is a title used primarily in western states. (See: trust, settlor)

References in periodicals archive ?
Trust will be destroyed when either the trustor or trustee consistently fails to walk the talk.
Lin and Wang (2006) refer that "trusting intentions imply that the trustor feels secure and is willing to depend, or intends to depend on the trustee" (p.
Here the trustor node propagates trust value of trustee to 1-hop neighbour nodes, and then to 2-hop neighbours.
a trustor shows vulnerability, when a trustor "hands over the control of the situation" to a trustee to do X and not Y (Cook et al, 2009, p.
Under these statutes, the trustor can appoint a third party to direct the trustee with respect to certain aspects of their trusteeship, such as investment and distribution decisions.
A follower, or trustor, consciously builds trust with the leader, or trustee, by being reliable (Rosenbach et al.
Generally trust is defined as the willingness of a party to be vulnerable to the actions of another party based on the expectation that the other will perform a particular action important to the trustor, irrespective of the ability to monitor or control that other party (Chai & Kim, 2010; Mayer, Davis & Schoorman, 1995).
That inhibits the trustor from using such a provision to shelter his or her own assets from future creditors.
5) Dynamic: The same trustor may derive different trust values towards to the same trustee at different times due to the rapid topology changes caused by entity mobility or failure.
The loans are issued, supervised, and recovered by the bank, entrusted by a trustor for its own disposable capital, according to the loan object, purpose, amount, term, and interest rate.
Trustor cautions the Beneficiary to carefully consider the consequences under Code Section 2514(d) of exercising the lifetime limited power of appointment so as to start a new perpetuities period and envisions that he or she will do so only to the extent that such exercise will reduce the overall impact of estate, gift, and GST taxes on the trust property.
Benevolence is the extent to which a trustee is believed to want to do good to the trustor aside from the egocentric profit motive.